968 Broadway Long Beach, CA 90802-5338
- Retail space
- 3,173 SF
- 0.08 lot acres
Current Use by Public Records
- Black Moon Lilith Tattoo Studio / Tattoo Shop / Permanent Make-Up Clinic
Property Details for 968 Broadway
- Year built
- 1935
- Construction
- WOOD
- Lot size
- 0.08 lot acres
- Property size
- 3,173 SF
- Zone code
- LBCNR
- Property type
- Retail space
- APN
- 7265-001-014
- APU
- 7265001014
Description
This exceptional 2,500 square foot street-front retail space, located at 968 East Broadway in Los Angeles County, presents a unique leasing opportunity. The single-tenant unit boasts a wide-open floor plan ideal for a variety of retail uses. Two restrooms are conveniently located in the rear. The high ceilings feature an exposed bow-truss design, enhanced by a centrally located skylight, creating a bright and inviting atmosphere. The property benefits from excellent visibility and signage opportunities directly on Broadway, a bustling thoroughfare with a mix of restaurants, shops, and new mixed-use developments. The surrounding area is a vibrant mix of retail, office, residential, and service-based businesses, ensuring a strong customer base. The property is zoned for Neighborhood Commercial uses, designed to serve the needs of nearby residents while maintaining compatibility with the residential character of the area. This zoning allows for small-scale, low-intensity commercial activities, promoting pedestrian and bicycle access. Specific scale restrictions apply, determined by factors such as adjacent residential uses, lot size, and street width. The area also includes a mixed-use zoning (CNR) allowing for small-scale commercial and moderate-density residential development. This location offers an unparalleled opportunity to establish a thriving retail presence in a dynamic and growing neighborhood.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $345,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $547,000
- AI Estimate
- $335,000
Market price range: $424k - $1.41MMarket price range: $230k - $1.02M
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Location Insight
- Map
- Local Demand
- City
- Long Beach
- County
- Los Angeles
- State
- California
- Longitude
- -118.181
- Latitude
- 33.7687
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA